Zacks Research Expects Weaker Earnings for Range Resources

Posted by George Bondi on Jul 14th, 2026

Range Resources Corporation (NYSE:RRC – Free Report) – Stock analysts at Zacks Research lowered their Q3 2026 earnings estimates for Range Resources in a research report issued on Friday, July 10th. Zacks Research analyst Team now forecasts that the oil and gas exploration company will post earnings of $0.57 per share for the quarter, down from their prior forecast of $0.67. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Range Resources’ current full-year earnings is $3.50 per share. Zacks Research also issued estimates for Range Resources’ Q4 2026 earnings at $0.79 EPS, FY2026 earnings at $3.29 EPS, Q1 2027 earnings at $0.92 EPS, Q2 2027 earnings at $0.70 EPS, Q3 2027 earnings at $0.66 EPS, Q4 2027 earnings at $0.91 EPS and FY2027 earnings at $3.19 EPS.

Range Resources (NYSE:RRC – Get Free Report) last posted its quarterly earnings results on Tuesday, April 21st. The oil and gas exploration company reported $1.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.25 by $0.27. Range Resources had a net margin of 26.09% and a return on equity of 18.64%. The company had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $898.20 million. During the same period last year, the firm posted $0.96 EPS. The company’s revenue for the quarter was up 49.8% on a year-over-year basis.

A number of other equities research analysts have also recently issued reports on RRC. Morgan Stanley cut their target price on Range Resources from $50.00 to $44.00 and set an “equal weight” rating on the stock in a research note on Monday, June 29th. Stephens dropped their price objective on shares of Range Resources from $53.00 to $52.00 and set an “overweight” rating on the stock in a report on Friday. Barclays lifted their price objective on shares of Range Resources from $39.00 to $41.00 and gave the company an “equal weight” rating in a research report on Monday, March 16th. Freedom Capital upgraded shares of Range Resources from a “hold” rating to a “strong-buy” rating in a research report on Friday, April 24th. Finally, Weiss Ratings lowered shares of Range Resources from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, June 2nd. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, fourteen have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $43.00.

Check Out Our Latest Stock Analysis on RRC

Range Resources Stock Performance

Shares of RRC stock opened at $36.27 on Tuesday. The company has a market cap of $8.55 billion, a P/E ratio of 9.59 and a beta of 0.41. The business has a 50 day moving average of $38.96 and a two-hundred day moving average of $39.33. Range Resources has a 52 week low of $32.60 and a 52 week high of $48.31. The company has a quick ratio of 0.55, a current ratio of 0.55 and a debt-to-equity ratio of 0.18.

Range Resources Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Friday, June 12th were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Friday, June 12th. This represents a $0.40 annualized dividend and a yield of 1.1%. Range Resources’s dividend payout ratio is currently 10.58%.

Hedge Funds Weigh In On Range Resources

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Empowered Funds LLC grew its holdings in shares of Range Resources by 2.1% during the first quarter. Empowered Funds LLC now owns 75,851 shares of the oil and gas exploration company’s stock valued at $3,029,000 after buying an additional 1,563 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Range Resources by 1.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 466,796 shares of the oil and gas exploration company’s stock valued at $18,639,000 after purchasing an additional 8,816 shares during the period. Focus Partners Wealth acquired a new position in shares of Range Resources in the 1st quarter valued at about $285,000. EverSource Wealth Advisors LLC lifted its position in shares of Range Resources by 63.5% in the second quarter. EverSource Wealth Advisors LLC now owns 2,932 shares of the oil and gas exploration company’s stock worth $119,000 after purchasing an additional 1,139 shares in the last quarter. Finally, California Public Employees Retirement System lifted its position in shares of Range Resources by 8.0% in the second quarter. California Public Employees Retirement System now owns 410,651 shares of the oil and gas exploration company’s stock worth $16,701,000 after purchasing an additional 30,481 shares in the last quarter. Institutional investors and hedge funds own 98.93% of the company’s stock.

More Range Resources News

Here are the key news stories impacting Range Resources this week:

Neutral Sentiment: Zacks Research raised its Q4 2027 EPS forecast to $0.91 from $0.74, which is a positive revision for that period and suggests slightly better long-term profitability expectations.
Neutral Sentiment: The firm also kept its FY2027 estimate at $3.19 per share, still below the broader current-year consensus of $3.50, indicating expectations remain cautious overall.
Negative Sentiment: Zacks Research cut FY2026 EPS estimates to $3.29 from $3.48, signaling lower near-term earnings expectations for Range Resources (NYSE: RRC).
Negative Sentiment: Q3 2026 EPS was reduced to $0.57 from $0.67, Q4 2026 EPS to $0.79 from $0.85, Q1 2027 EPS to $0.92 from $1.00, Q2 2027 EPS to $0.70 from $0.78, and Q3 2027 EPS to $0.66 from $0.72, reinforcing a softer earnings trajectory.
Neutral Sentiment: Separately, Zacks Research noted surging implied volatility in RRC options, suggesting traders are bracing for a larger move in the stock. Implied Volatility Surging for Range Resources Stock Options

Range Resources Company Profile

(Get Free Report)

Range Resources Corporation, headquartered in Fort Worth, Texas, is an independent energy company engaged in the exploration, development and production of natural gas, oil and natural gas liquids. The company focuses its core operations on the Appalachian Basin, with a significant presence in Pennsylvania’s Marcellus Shale. Through its drilling and completion activities, Range Resources seeks to optimize production efficiency while maintaining a disciplined approach to capital allocation and cost management.

The company’s technical expertise centers on advanced horizontal drilling and hydraulic fracturing techniques, which it applies to unlock unconventional resources.